Victoria, BC – February 20, 2018. The British Columbia Real Estate Association (BCREA) calls on the government to introduce transitional rules for all transactions impacted by the new tax measures introduced in Budget 2018. The new tax measures come into effect on February 21, 2018. The Property Transfer Tax (PTT) increase to 5 per cent …
As part of BCREA’s commitment to promoting Quality of Life throughout the province, we follow an approach that is based around five principles: ensuring economic vitality, providing housing opportunities, preserving the environment, protecting property owners and building better communities. This approach aligns well with the work of the Real Estate Foundation of BC (REFBC), a …
“Housing is the main priority for this government.” The Honourable Selina Robinson, Minister of Municipal Affairs and Housing, certainly caught BCREA’s attention with that statement! Minister Robinson joined reps from BCREA and the regional real estate boards on January 31 for a discussion about challenges and opportunities with housing affordability and availability. On the demand …
For the complete news release, including detailed statistics, click here. Vancouver, BC – February 15, 2018. The British Columbia Real Estate Association (BCREA) reports that a total of 5,306 residential unit sales were recorded by the Multiple Listing Service® (MLS®) across the province in January, an increase of 18.3 per cent from the same period …
In the recent case Laidar Holdings Ltd. v. Lindt & Sprungli (Canada) Inc., 2018 BCSC 66, the real estate brokerage advising the tenant was found 70 per cent liable for failing to verify the zoning. The tenant had walked away from a lease for commercial premises after the City of Vancouver refused to issue permits …
In mid-October, the Real Estate Council of British Columbia decided to make major changes to the mandatory Relicensing Education Program course, Real Estate E&O Insurance Legal Update in 2018 (Legal Update), which BCREA administers on behalf of the Council. The new course focuses on consumer protection, important regulatory updates, ethics and best practices in a new format …